Common use of Retirement Pay Clause in Contracts

Retirement Pay. A. Any teacher within the Area 30 Career Center who has met one of the following criteria, shall be eligible for retirement pay: (1) teacher has acquired a minimum of ten (10) years of service within the corporation, and qualifies under the Rule of 85 or (2) is age sixty (60) with fifteen (15) years of TRF creditable teaching experience and five years of service to the corporation.

Appears in 3 contracts

Samples: Master Contract, Tentative Agreement, Tentative Agreement

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Retirement Pay. A. Any teacher within the Area 30 Career Center who has met one of the following criteria, criteria shall be eligible for retirement pay: (1) teacher has acquired a minimum of ten (10) years of service within the corporation, and qualifies under the Rule of 85 or (2) is age sixty (60) with fifteen (15) years of TRF creditable teaching experience and five years of service to the corporation.

Appears in 3 contracts

Samples: Master Contract, Contractual Agreement, Tentative Agreement

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Retirement Pay. A. Any teacher within the Area 30 Career Center who has met one of the following criteria, criteria shall be eligible for retirement pay: (1) teacher has acquired a minimum of ten (10) years of service within the corporation, and qualifies under the Rule of 85 or (2) is age sixty (60) with fifteen (15) years of TRF creditable credible teaching experience and five years of service to the corporation.

Appears in 1 contract

Samples: Tentative Agreement

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